Stocks in News: HUL, KECINTER, INDIGO, GULFOIL, AFCON, MARUTI, POWERGRID, VODAFONE, ZENTECH, GUJARATINVESTA, WIPRO
AHMEDABAD, 26 NOVEMBER:
Q2FY25 EARNING CALENDAR
| 26.11.2024 | SIEMENS |
SIEMENS
Revenue expected at Rs 6454 crore versus Rs 5807 crore
EBITDA expected to be seen at Rs 919 crore versus Rs 700 crore
EBITDA margin expected to be seen at 14.24% versus 12.06%
Net profit expected to be seen at Rs 717 crore versus Rs 571 crore
| 27.11.2024 | AHLWEST |
HUL: Board approves demerger of the ice cream business into an independent listed entity (Positive)
KEC International: Company secures new orders worth Rs 1,114 crore across key businesses (Positive)
Super Spinning Mills: Long-term bank facilities rating upgraded to CARE BB+; Stable from CARE BB-; Stable by CARE Ratings. (Positive)
IndiGo: Company continues to dominate domestic airline market share in October with total of 63.3%. (Positive)
Gulf Oil: Company and Piaggio India renewed their exclusive lubricant partnership until 2030 (Positive)
Ashoka Buildcon: Company secures Rs 1,391 crore NHAI project for West Bengal economic corridor. (Positive)
Afcons: President of Ghana Commissions $447 million railway line built by Company (Positive)
Positron Energy: Company signed a 5-year master agreement with HPCL LNG Ltd. for regasification services at Chhara LNG Terminal, Gujarat. (Positive)
Maruti Suzuki: Company achieves 30 lakh car export milestone. (Positive)
Premier Energies: Company units got multiple orders worth Rs 10.87 Billion for supply of solar PV cells and modules. (Positive)
Stove Kraft Ltd: Company commissioned a new automated Cast Iron Foundry at its Harohalli factory on November 25, 2024 (Positive)
Hitachi Energy/BHEL: Companies secured a contract from Power Grid for a 6,000 MW HVDC link project. (Positive)
Best Agrolife: Company received a 20-year patent from the Indian Patent Office for its ‘Stable Synergistic Insecticidal Composition’. (Positive)
Crompton Greaves: Company launched LED Tab Light (Positive)
Power Grid: Gets Letter of Intent to establish inter-state transmission system in Uttar Pradesh and Rajasthan (Positive)
Allcargo: LCL Volume Up 5%, FCL Volume Up 7% MoM & Up 14% YoY (Positive)
New India Assurance: Company received a cumulative income tax refund order of INR 1945.1 crore (Positive)
LT Foods: Company expands its global footprint to the Kingdom of Saudi Arabia to tap the U.S. $ 2 billion rice and rice-based food market (Positive)
Vodafone Idea/ Bharti Airtel: Cabinet approved a proposal to waive the bank guarantees (BG) that telecom operators were required to provide for spectrum purchases up to 2022. (Positive)
Zen Technologies: Company gets 20th patent in the year 2024 (Positive)
Wipro: Omkar Nisal replaces Pierre Bruno as Wipro’s CEO for Europe Strategic Market Unit, effective November 26. (Neutral)
Genus Power Infrastructures: Company received CRISIL AA-/Stable rating for ₹3861.6 Cr bank loans and CRISIL A1+ for its Rs 100 Cr commercial paper program (Neutral)
JBM Auto: Company proposes sub-dividing its Rs 2 FV equity shares into Rs 1 FV shares. (Neutral)
Paushak Ltd: Company announces a planned shutdown of its manufacturing facilities from Nov 26th to Dec 6th, 2024, for annual maintenance. (Neutral)
Jyoti Structures: Company to raise up to Rs 500 crore via rights issue. (Neutral)
Gujarat Investa: Yashvi Shah resigned as Company’s Company Secretary and Compliance Officer on November 25, 2024. (Neutral)
MedPlus Health: SBI Mutual Fund decreased its MedPlus Health Services shareholding by 2% (Neutral)
Spectrum Food: Company appointed Mr. Nakul Sharma as Company Secretary and Compliance Officer, effective November 25, 2024. (Neutral)
Jyoti Structures: Company board approved a rights issue of up to Rs 500 crore. (Neutral)
Greaves Cotton: Company appointed Mr. Jaganmohan Rao Medisetti as Head R&D ePowertrain on Nov 25, 2024. (Neutral)
Vedanta: Company is going ahead with its second dollar bond offering in two months, testing investor appetite for Indian offshore debt: Bloomberg. (Neutral)
GPIL: Company acquired 21.46% equity stake in Jammu Pigments Ltd for Rs 69.54 Cr and subscribed Rs 175 Cr in CCPS, aiming for 51% stake post conversion. (Neutral)
Axis Bank: ICICIPru MF acquired 3474965 (0.11% equity) shares on 22nd Nov’24 in the bank (Neutral)
Zomato: Company announced QIP and sets floor price at Rs 265.9/Sh versus previous close 273.3/Sh. (Neutral)
Adani Group: Fitch places Adani Energy, Adani Ports and Adani Electricity Mumbai on ‘watch negative’ (Neutral)
IDFC First: Neeraj Naidu resigns as ‘Chief Information Security Officer’ of IDFC First Bank w.e.f. November 25, 2024 (Neutral)
GE Vernova: Grid Equipments will sell up to (8.38% stake) via OFS on NSE & BSE. (Negative)
ACME Solar: Net profit at Rs 15.2 cr vs Rs 38.6 cr, Revenue at Rs 259 cr vs Rs 323 cr (YoY) (Negative)
Adani Green: Fitch revised outlook for Adani Green to Negative from Stable. (Negative)
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
